The Rundown Nike Tanks After Warning of Sales Drop, TikTok Signs Deal for U.S. Joint Venture
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Dec 19, 2025 Analysts express skepticism over inflation data as Nike posts strong earnings yet forecasts weaker sales due to margin pressures. TikTok inches closer to a U.S. joint venture with Oracle, navigating complex regulatory waters. Meanwhile, CoreWeave joins the federal government's AI Genesis mission, boosting its stock. In a surprising twist, NVIDIA, now a tech giant, replaced Enron in the S&P 500 back in 2001, highlighting its incredible stock journey. Tune in for these insights and more!
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Inflation Print May Be Messy
- November CPI looked much lower than expected at 2.7%, sparking a market rally on release day.
- Economists warn the data may be unreliable because the government shutdown forced assumptions in data collection.
Plan For Holiday Market Slowdown
- Expect slower news flow and market activity around Christmas and plan positions accordingly.
- Check The Rundown and related deep dives if you need concise market updates during the holiday lull.
Nike's Turnaround Hits Headwinds
- Nike beat quarter estimates but warned current-quarter sales will fall low single digits, spooking investors.
- Greater China sales plunged 17% and tariffs cut gross margins about three percentage points, pressuring Nike's turnaround.